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20120909
20120909
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just recording in my mouth at a wall street investment banker used to describe the united states has become. he used the word metonymy. >> host: combination of autocracy -- >> guest: he wanted his own word. it is a less excitable words and plutocracy. at his point was there are a few platonic meets around the world and they are followed by a tremendous concentration of wealth, greater than all in the bottom 90%. and he said that is who's going to buy products. that is who's going to drive the economy. >> host: i think you say in the book for people who make less than $200,000, they don't count. >> guest: and this is in the eyes of the hedge fund people. these are hedge fund people talking. and you can understand why they're coming from. the middle class in china endorse the middle class. middle class in india, brazil, you name it. and that's why they say the u.s. is kind of irrelevant. >> host: thermos looking for growth. that's the part of the whole stock receipt. they want growth with companies took the multinational connect in such operations and revenue streams. that's where they
: when you criticize the united states to have a reflexive reaction with utilization of the united nations i they stand eight in the way of the board your peace effort? >> i can say it will require a sustained and determined effort by the u.s. to bring about peace in the region. it has not been sustained to say there is uh peace process today both look to you as leadership when president clinton tried to get the solution but since then we have not been that close. there are people would now begin to wonder if the two state solution is not evaporating on a questionable basis. >> host: to talk about "war and peace" looking back at your career with globally fares is there more war or more piece? >> in terms of forests there are fewer civil wars today man in the past but we have other problems. rehab internationally organized crime and weapons of mass destruction we have health issues end they can fly around the world very quickly. there are fewer wars but many of the problems that we need to do with in addition that do not exist here not totally sure to seven kofi annan thank you for
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